The jobs report is not insufficient to prevent the Fed from raising rates this week
The Fed is not at ease despite the slowdown in hiring in June and the downward revision of payroll numbers from earlier months.
The Fed is not at ease despite the slowdown in hiring in June and the downward revision of payroll numbers from earlier months.
Global equities have defied expectations and experienced a remarkable decoupling from the worsening economic backdrop, showing a substantial 13% rise in 2023. However, amidst this apparent market...
The recent market performance saw a shift in sentiment as major US indices ended their winning streaks. The S&P 500, Nasdaq, and Dow all experienced declines, attributed to various factors, including...
In line with market expectations, the Federal Reserve (Fed) announced its decision to maintain interest rates, relieving investors. Following a series of ten consecutive hikes, the Fed's indication...
The recent surge in stock prices has captured attention, driven by several factors, including the easing of regional banks' crisis, expectations of the Federal Reserve pausing its rate hike, a robust...
The US stock market has been a turbulent landscape recently, as investors grapple with mounting concerns over inflation, sluggish economic growth, and the trajectory of interest rates. Despite this...
The resolution of the US government's debt ceiling negotiations has brought a collective sigh of relief to global markets. The news of the agreement has sparked a rebound in the stock market, with...
Negotiations on the US debt ceiling are set to continue Monday, with federal leaders working towards a resolution as the risk of a potential default looms. President Joe Biden and House Speaker Kevin...
Last week, Wall Street was sparked by concern after the University of Michigan released a preliminary reading showing a six-month low in consumer sentiment.